Government wants to dissuade ATM usage and giving fillip to digital paymentsIn the recent past there has been surge in the usage of digital payments through various payment portals and thus India transacted over 10.5 lakh crores and at the same time the cash withdraw from the ATMs has been decreased to 9.7 lakh crore. During the pandemic people used the digital payment mode as they are stay put in the home and even the ATMs were without the cash. It seems the ATMs across the country would become inconsequential in future and the banks would save on rent and maintaining the ATMs in future. Are you happy with digital payment or want cash transactions to continue through ATM withdraw?
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